You Have Been Hired by a Firm in a Non-Information-Intensive

question 27

Multiple Choice

You have been hired by a firm in a non-information-intensive industry to evaluate its inventory of systems and IT projects.Which types of projects should the firm focus on?

• A)High-risk projects
• B)Low cost,low-benefit projects
• C)High-benefit,low-risk projects
• D)Any project that might be beneficial
• E)Low cost,high benefit projects

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Definitions:

Faster Response

The ability of a company or system to react swiftly to customer demands or market changes.

Push System

A logistics strategy where products are produced or procured based on anticipated demand and pushed to customers, leading to inventory buildup.

Reducing Inventory

The process of decreasing the amount of goods or materials held in stock to minimize holding costs and increase efficiency.